Morgan Stanley: Maintains Galaxy Entertainment (00027.HK) "In line with the market" rating, target price raised to HK$36.

According to reports from the Zhitong Finance APP, Morgan Stanley has published a research report stating that, in response to a 1% increase in Galaxy Entertainment's (00027.HK) EBITDA forecast for this year, a 5% decrease in non-gaming capital expenditure forecast, and a 32% increase in net interest income forecast, the free cash flow yield forecast has been revised upward by 4%. Consequently, the target price has been raised from HKD 34 to HKD 36, maintaining a rating of "in line with the market."